Go wdemirdonder!!In reply to your request for advice I also left school with not a clue as to what I wanted to do.  So I found a full-time position in a cafe on fairly dismal money but it kept me busy and I had an income coming in.  When I ended up buying my first property I made sure I could afford the payments even if I was unemployed (the o…[Read more]

HI Kenzel and welcome!No such thing as being too ambitious when it comes to property I think.  YOu have done really well to get a $30K deposit and earning $45k gross is most likely plenty to get you started on somethin g under $300K (I bought my first apartment on $28K with a $10000 deposit).Say you bought a 2-3 bedroom apartment or house – you…[Read more]

I think a good deal of the problem is 1. People have forgotten how to live within their means (whatever those means are) and 2. To start small.

It always fascinates me how people pop up on ACA/Today Tonight obese, smoking, with a beer in their hand and say they are ‘battling’.
Duh. Stop smoking/cut back drinking/go for a walk. Get a job.…[Read more]

With all the information available out there re Property Investment I think people need to rely on their gut instinct and intelligence rather than blindly following to the letter what some expert has instructed them to do…

Incidentally, three years ago I applied to become a ‘Jenman’ Certified real estate agent and had to complete a quiz which…[Read more]

Thanks for all the advice everyone – I feel a lot more confident on knowing what to ask for now. Although the idea of self managing sounds enormously appealing; over the weekend was toying with the idea of setting up a website where people with self-managed IP could access advice, leasing forms etc as from speaking to other landlords in my…[Read more]

Hi Callander thanks heaps for the advice – the property in question is in the Queanbeyan area (next to Canberra) and PM was with a major agency which is why I was surprised the service was so appalling. Interviewing other landlords is a fantastic idea I never thought of.

The trouble with the property management in some of these smaller towns is…[Read more]